Added to YB: 2026-05-06
Pitch date: 2026-05-03
KNSL [neutral]
Kinsale Capital Group, Inc.
-1.68%
current return
Author Info
Slow Compounding is an ex buy-side analyst looking for high-quality companies that create high shareholder returns. Investing for the long-term. Sign up for the newsletter.
Company Info
Kinsale Capital Group, Inc. engages in the provision of property and casualty insurance products in the United States.
Market Cap
$7.6B
Pitch Price
$309.36
Price Target
N/A
Dividend
0.30%
EV/EBITDA
11.24
P/E
14.58
EV/Sales
3.98
Sector
Insurance
Category
value
Kinsale Just Hit Its Lowest P/E Ever (2026 Q1 Update)
KNSL (update): Q1 GWP -0.5% (1st ever decline) but EPS +27.4%, diluted EPS $4.88. Combined ratio 77.4%, underwriting income +40.1% to $94.5M, ROE 22.9%. Commercial Property -28.3% on competition; ex-Property GWP +6%. Centralized ops, proprietary tech, 10-20pt expense advantage vs peers = durable moat. Trading lowest fwd P/E ever; growth normalizing but discipline intact. Investing income benefiting from 4.5% yield (vs 2.5% '21-'22). Book value/share $85.3 (+25.6%). Stock cheap but near-term tough; long runway remains.
Read full article (16 min)